Global Investment Casting Market Size & Outlook, 2022-2030
Global investment casting market, 2018-2030 (US$M)
Related Markets
Global investment casting market highlights
- The global investment casting market generated a revenue of USD 16,502.0 million in 2022 and is expected to reach USD 24,475.0 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 5.1% by 2030.
- In terms of segment, aerospace accounted for a revenue of USD 7,588.4 million in 2022.
- Medical is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, Argentina is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 16,502.0 million |
| Market revenue in 2030 | USD 24,475.0 million |
| Growth rate | 5.1% (CAGR from 2022 to 2030) |
| Largest segment | Aerospace |
| Fastest growing segment | Medical |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Aerospace, Automotive, Oil & Gas, Medical, Mechanical Engineering, Automation, Food & Beverages and Packaging, Energy Technology, Transportation |
Other key industry trends
- In terms of revenue, the North America accounted for 36.7% of the global investment casting market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Argentina is the fastest growing regional market and is projected to reach USD 14.4 million by 2030.
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Investment Casting Market Scope
Investment Casting Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global investment casting market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to investment casting market will help companies and investors design strategic landscapes.
Aerospace was the largest segment with a revenue share of 45.98% in 2022. Horizon Databook has segmented the Global investment casting market based on aerospace, automotive, oil & gas, medical, mechanical engineering, automation, food & beverages and packaging, energy technology, transportation covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Investment Casting Application Outlook (Revenue, USD Million, 2018-2030)
- Aerospace
- Automotive
- Oil & Gas
- Medical
- Mechanical Engineering
- Automation
- Food & Beverages and Packaging
- Energy Technology
- Transportation
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Horizon Databook provides a detailed overview of global-level data and insights on the Global investment casting market , including forecasts for subscribers. This global databook contains high-level insights into Global investment casting market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global investment casting market size, by regions, 2018-2030 (US$M)
Top 10 countries: Investment casting market size, 2022 (US$M)
Global investment casting market share, by application, 2022 & 2030 (%, US$M)
Investment casting market: Opportunity assessment by country
Global investment casting market, by region, 2022 (US$M)
| Application | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 6,126.9 | 6,112.3 | 5,371.5 | 5,804.2 | 6,057.1 | 6,328.2 | 6,619.1 | 6,931.3 | 7,266.5 | 7,626.5 | 8,013.6 | 8,430.0 | 8,878.0 | 4.9% |
| Europe | 3,909.2 | 3,883.6 | 3,398.7 | 3,656.6 | 3,799.8 | 3,952.8 | 4,116.4 | 4,291.8 | 4,479.8 | 4,680.6 | 4,896.5 | 5,127.7 | 5,375.9 | 4.4% |
| Asia Pacific | 5,811.2 | 5,843.0 | 5,174.9 | 5,635.0 | 5,930.9 | 6,249.3 | 6,591.9 | 6,961.0 | 7,358.7 | 7,787.7 | 8,250.8 | 8,750.9 | 9,291.5 | 5.8% |
| Latin America | 257.7 | 256.6 | 225.0 | 242.6 | 247.7 | 253.0 | 258.7 | 264.6 | 270.8 | 277.3 | 284.0 | 291.0 | 298.3 | 2.4% |
| MEA | 478.5 | 522.7 | 544.1 | 536.8 | 466.5 | 498.3 | 514.0 | 530.6 | 548.3 | 567.2 | 587.2 | 608.6 | 631.3 | 3.9% |
| Overall | 16,583.5 | 16,618.2 | 14,714.1 | 15,875.2 | 16,502.0 | 17,281.6 | 18,100.1 | 18,979.2 | 19,924.1 | 20,939.2 | 22,032.1 | 23,208.2 | 24,475.0 | 5.1% |
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